Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Applied Systems to Acquire Indio to Digitize Commercial Lines Sales
Dec 16 2019 // Leading insurance technology firm Applied Systems has agreed to acquire digital insurance technology startup Indio Technologies. The move will enable Applied Systems to offer Indio’s digitized commercial insurance...
California Agent Brings Christmas ‘Sparkle’ to Those in Need
Dec 16 2019 // A small toy drive insurance agency owner Samantha Tradelius started after reading “Dear Santa” letters from kids in need many years ago has turned into a full-blown community effort helping hundreds of people...
Fitch Sees Strong Revenue Growth for U.S. Public Insurance Brokers
Dec 16 2019 // Publicly traded U.S. insurance brokers are expected to produce strong revenue growth for 2020 given near peak level organic growth and favorable U.S. commercial lines insurance pricing trends. Further, margins remain...
How to Lower Agency Value
Dec 16 2019 // As the M&A frenzy continues, buyers keep pushing the envelope when it comes to agency value. The private equity firms were initially paying top dollar to their first acquisition of a large, well-run firm platform...
What Captive Agents Transitioning to Independent Agents Should Consider in Agency Management Systems
Dec 16 2019 // There’s a storm brewing for many captive insurance agencies and their agents, and that storm may be lengthy. As an example, Nationwide is one of a number of captive insurance companies that are actively converting...
Insurance Agents & Brokers Opens New Office in Maryland
Dec 13 2019 // Insurance Agents & Brokers (IA&B) opened an office in Annapolis, Md., on December 1. The organization also operates an office outside of Harrisburg, Penn. The location allows access to the Maryland State House, as...
Midlands Management Adds Robbins as a New Broker in Dallas
Dec 13 2019 // Wholesale insurance broker Midlands Management Corp. has appointed Michael Robbins to a brokerage position in Dallas. Robbins will be responsible for the solicitation of new and renewal commercial business for large and...
365 Days: Education, Mitigation and The Flood Insurance Guru
Dec 13 2019 // If it weren’t for Hurricane Katrina, Chris Greene might not have become an expert in all things flood related. Greene, a Georgia-based independent flood insurance agent, and founder and owner of The Flood Insurance...
Supreme Court Lets Stand American Family Ruling Agents Are Independent Contractors
Dec 12 2019 // The U.S. Supreme Court this week declined to hear an appeal brought by insurance agents of American Family Insurance Co. who have claimed they were wrongly classified as independent contractors and denied benefits. The...
Special Report: America’s Best Independent Insurance Agencies to Work For
Dec 12 2019 // The votes have been tallied and the results are in for the 2019 Best Independent Insurance Agency to Work For survey by Insurance Journal. The winners have been chosen by employees. Employees of the Best Agencies to Work...
Special Report: America’s Best Independent Insurance Agencies to Work For
Dec 11 2019 // The votes have been tallied and the results are in for the 2019 Best Independent Insurance Agency to Work For survey by Insurance Journal. The winners have been chosen by employees. Employees of the Best Agencies to Work...
Risk Strategies Acquires New England-Based Subsidiaries of Gowrie Holdings
Dec 11 2019 // Risk Strategies, a privately held national insurance brokerage and risk management firm, has acquired the two subsidiaries of Gowrie Holdings Inc. (GHI). The acquisitions include both Gowrie Group, a full-service national...
Guy Carpenter, MGA Victor to Offer Coverage to U.S. Public Entity Pools
Dec 11 2019 // Managing General Underwriter Victor is now offering Guy Carpenter clients who are members of U.S. public entity insurance pools a range of property and casualty insurance products not traditionally offered by the...
Special Report: America’s Best Independent Insurance Agencies to Work For
Dec 10 2019 // The votes have been tallied and the results are in for the 2019 Best Independent Insurance Agency to Work For survey by Insurance Journal. The winners have been chosen by employees. Employees of the Best Agencies to Work...
Lisa Ebos Returns to Blue River Underwriters as SVP, Senior Underwriter of Contractors Programs
Dec 9 2019 // Atlanta, GA, December 9, 2019 — Blue River Underwriters, a Breckenridge Insurance Group company, welcomes the return of Lisa Ebos, CRIS, CPL as senior vice president, senior underwriter of the contractors’ programs...
Gallagher Names Partington CEO of Canadian Brokerage Operations
Dec 6 2019 // Gallagher, the Rolling Meadows, Ill.-based insurance broker, has named Dave Partington as CEO of its Canadian retail property/casualty brokerage operations, where he will lead the strategy and culture for continued growth...
Worldwide Facilities Acquires Risk Management Advisory Group of Florida
Dec 6 2019 // Worldwide Facilities, LLC, a national wholesale insurance brokerage, managing general agency and program manager, has acquired Risk Management Advisory Group (RMAG), a managing wholesale broker based in Miami Lakes, Fla.,...
Fitch Sees Strong Revenue Growth for U.S. Public Insurance Brokers in 2020
Dec 5 2019 // Publicly traded U.S. insurance brokers are expected to produce strong revenue growth for 2020 given near peak level organic growth and favorable U.S. commercial lines insurance pricing trends. Further, margins remain...
Breckenridge Insurance Services Hires VP, Broker Christina Mertens
Dec 5 2019 // Atlanta, GA, December 5, 2019 — Breckenridge Insurance Services is pleased to announce the addition of Christina Mertens as vice president, property and casualty broker. Mertens has twenty years of insurance industry...
Hub International Acquires Nebraska Brokerage, SilverStone Group
Dec 5 2019 // Global insurance brokerage Hub International Limited (Hub) has acquired Nebraska-based insurance brokerage SilverStone Group (SilverStone). Terms of the transaction were not disclosed. With SilverStone, the company creates...